Waikiki Banyan Condo/Townhouse 1 bedroom $580,000 MLS:202619847

Located in Tower 2 of the sought-after Waikiki Banyan, this updated one-bedroom, one-bathroom residence offers an appealing opportunity in the heart of Waikiki, within a building permitting legal short-term vacation rentals. The residence features 533 square feet of interior living space, a 67-square-foot private lanai, and one unassigned parking stall. Recent capital improvements have elevated the building’s resort-style experience, including a renovated swimming pool and recreation deck, three jacuzzis, tennis and basketball courts, a children’s playground, BBQ stations, modernized elevators, and a sauna. Additional conveniences include 24-hour security, an on-site café and mini-mart, and laundry facilities on every floor. Ideally positioned moments from Waikiki Beach, Kapiolani Park, and Waikiki’s renowned dining, shopping, and attractions, the residence offers convenient access to the best of island living. The property is fee simple, subject to a Becker Sandwich Lease payment of $52.20 per month, which expires in November 2035. The building also carries 100% hurricane insurance coverage, offering an additional measure of peace of mind.